WHIPPANY, N.J., Aug. 5, 2015 /PRNewswire/ -- Suburban Propane
Partners, L.P. (NYSE: SPH) ("Suburban"), a nationwide distributor
of propane, fuel oil and related products and services, as well as
a marketer of natural gas and electricity, today announced a
re-alignment of senior leadership positions (effective September 27, 2015 -- the beginning of the
Partnership's next fiscal year), to support long-term strategic
initiatives.
Mark Wienberg will move
from his current role as Chief Operating Officer to a newly
created position of Chief Development Officer, responsible
for corporate development activities in line with the Partnership's
strategic objectives.
Steven C. Boyd will move
from his current role as Senior Vice President of Field Operations
to
Senior Vice President – Operations, responsible for
overseeing all of the operations; including several operational
support functions.
In announcing these management changes, President and Chief
Executive Officer Michael A. Stivala
commented, "This week marked the three-year anniversary from the
closing of the Inergy Propane acquisition. I have relied
heavily on Mark Wienberg and
Steve Boyd to drive the seamless
integration of the two companies and, as an organization, we have
accomplished a lot in a short period of time. With our
integration efforts effectively behind us, we are well positioned
to increase our focus on the next phase of strategic growth – both
internal and external."
Mr. Stivala continued, "In his new role, Mark will now devote
all of his time and energy on seeking external growth opportunities
to expand into other businesses that can complement or supplement
our core propane operations, as well as acquisitions within the
propane industry. Steve will continue to fine-tune our
operating model to maximize operational efficiencies, while driving
market share growth within our areas of operation through
exceptional customer service. As we continue to execute on
our strategic growth initiatives, we will remain patient and
disciplined in our approach to opportunities."
Suburban Propane Partners, L.P. is a publically traded Master
Limited Partnership listed on the New York Stock Exchange.
Headquartered in Whippany, New
Jersey, Suburban has been in the customer service business
since 1928. The Partnership serves the energy needs of
approximately 1.2 million residential, commercial, industrial and
agricultural customers through more than 710 locations in 41
states.
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SOURCE Suburban Propane Partners, L.P.